IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 17 Jun 2016 | Removal date: open ended
Still in force

Import tariff

The Special Commodity Levy was increased by Rs. 20 on the import of soya bean oil, palm oil, sunflower seed oil/safflower/cottonseed oil, coconut/palm kernel/ babassu oil, and margarine. The effective levy rates, therefore, are increased from Rs. 130-150 to Rs. 150-170 per kg. on soyabean oil, palm oil, and sunflower seed oil/safflower/cotton-seed oil, from Rs. 150-165 per kg. to Rs. 170-195 on coconut/palm kernel/ babassu oil, and from Rs. 195-295 per kg. to Rs. 215-315 per kg. on margarine. 

This change in levy had been announced for a period of 6 months but was later extended unchanged on 9 December 2016* before being reduced for all vegetable oils on 18 January 2017. The levy on margarine has been extended unchanged.

* all oil products with current levies were extended except two palm oil products of which the tariffs were increased (see related state act).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

216 Vegetable oils
1511 Palm oil and its fractions, whether or not refined, but not chemically modified.
151110 Crude oil
151190 Other
1513 Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified.
151319 Other
151329 Other
217 Margarine & similar preparations
1517 Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16.
151710 Margarine, excluding liquid margarine

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